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View Full Version : What do you pay for insurance on your BMW?


FC
11-04-2003, 04:42 PM
I saw that a guy at the 'fest pays $5000 a year for his M3 cabrio. That is so ridiculous I don't know if I should laugh at him or feel bad for him. But I guess it must be worth it to him.

So what do you pay and for what model BMW? Is it "worth" it to you, or do you pay it under protest?

Me - 2003 330i - About $1300 a year. Pretty happy considering it is a new, expensive car and it is very sporty.

dan
11-04-2003, 04:42 PM
about $1300/yr

Roadstergal
11-04-2003, 04:45 PM
Multi-vehicle discount and only the bare minimum insurance + uninsured driver coverage for the 325. $200 and change every 6 months.

A guy in a local club pays $5000 per year for his Miata. :paranoid:

TD
11-04-2003, 04:48 PM
M3- $567 every 6 mos
323iC - $455 every 6 mos
Aero- $506 every 6 mos

Masskrug
11-04-2003, 04:55 PM
x5 - $400/yr
325i - $400/yr

Both +/- a few bucks

glaws
11-04-2003, 05:28 PM
About $1600 a year, and well worth it.

zach
11-04-2003, 05:29 PM
1200/year

ayn
11-04-2003, 05:32 PM
BMW 330Ci: about $700 / 6 month
MINI Cooper S: about $500 / 6 month
Umbrella up to $1M, about $130 / year (cars were 250/500/100, the minimum for umbrella)

--Andrew

Rob
11-04-2003, 05:39 PM
'99 m3 - $985/year

That's about exactly half what I was paying before I switched companies. The old price went up from the '01 330i by about $500/year (old company prices).

Yeah, it's worth it. The Volvo is $863/year. Even with a five speed, it's still fwd. Which one would you rather drive?

The HACK
11-04-2003, 05:48 PM
About $4,000 for all three cars.

kognito
11-04-2003, 06:23 PM
603 every 6 months. +I pay a few cents extra for monthly direct payment, - for multi car, homeowner, boat coverage

Melissa
11-04-2003, 06:36 PM
I think it's about $800/year for my bimmer...same with our beemer. And then add about $600 for the Ducati and another $540 for the F-150.... *gulp* ...it adds up. :(

FC
11-04-2003, 07:50 PM
Wow... Everyone here seems to have pretty good rates. I guess that means none of us are crazy drivers.

clyde
11-04-2003, 09:05 PM
Wow... Everyone here seems to have pretty good rates. I guess that means none of us are crazy drivers.

Or haven't been caught? :dunno:

Having trouble remembering at the moment, but I think the wagon is running about $850/year right now.

TD
11-04-2003, 09:14 PM
Wow... Everyone here seems to have pretty good rates. I guess that means none of us are crazy drivers.

Or haven't been caught? :dunno:

Having trouble remembering at the moment, but I think the wagon is running about $850/year right now.

:lol:

Unfortunately I now have 3 separate 20+ over the limit tickets this year.

Roadstergal
11-04-2003, 09:36 PM
Oddly enough, I have yet to get a speeding ticket in the BMW. I've gotten about 6 or so in the Miata in the time I've had it (Jan. 2001). :paranoid: I think the BMW will pay itself off shortly. :D

SARAFIL
11-04-2003, 09:41 PM
Oddly enough, I have yet to get a speeding ticket in the BMW. I've gotten about 6 or so in the Miata in the time I've had it (Jan. 2001). :paranoid: I think the BMW will pay itself off shortly. :D

Got my first ticket ever for a moving violation a few weeks ago-- clocked at 40 in a 25, ticket written up as 5 over (30mph). $75. Doh!

As for parking violations, I get those all the time. :mad: The City of Providence has the best (quickest) parking police out there, and they seem to be attracted to my car.

clyde
11-04-2003, 09:44 PM
:lol:

Unfortunately I now have 3 separate 20+ over the limit tickets this year.

Does that mean three 20+ convictions? Convictions that are showing on your record? Were they showing before your last renewal?

If you answered "yes" to all of the above, what's the secret?

Inquiring minds and all. :cool:

SpaceMonk
11-04-2003, 10:38 PM
Unfortunately I now have 3 separate 20+ over the limit tickets this year.
Huh. Here in MA, if you have 3 speeding tickets in a year, your license is revoked for 30 days.

SpaceMonk
11-04-2003, 10:39 PM
I pay roughly $1300/yr.

Rates vary significantly based on what town you live in though. At least here in MA.

zach
11-04-2003, 10:52 PM
I pay roughly $1300/yr.

Rates vary significantly based on what town you live in though. At least here in MA.

Yup.

TD
11-04-2003, 11:05 PM
:lol:

Unfortunately I now have 3 separate 20+ over the limit tickets this year.

Does that mean three 20+ convictions? Convictions that are showing on your record? Were they showing before your last renewal?

If you answered "yes" to all of the above, what's the secret?

Inquiring minds and all. :cool:

The biggie was reduced to "improper driving".

Then I had an 81 in a 55 and a 76 in a 45.

It's been a bad year.

clyde
11-04-2003, 11:08 PM
The biggie was reduced to "improper driving".

Then I had an 81 in a 55 and a 76 in a 45.

It's been a bad year.

I guess that's a start to answering my questions. :?

TD
11-04-2003, 11:11 PM
The biggie was reduced to "improper driving".

Then I had an 81 in a 55 and a 76 in a 45.

It's been a bad year.

I guess that's a start to answering my questions. :?


I recently had to engage in a farce the MVA calls a "Point System Conference".

And I just added the Saab to our policy.

mquetel
11-04-2003, 11:16 PM
The biggie was reduced to "improper driving".

Then I had an 81 in a 55 and a 76 in a 45.

It's been a bad year.

I guess that's a start to answering my questions. :?


I recently had to engage in a farce the MVA calls a "Point System Conference".

And I just added the Saab to our policy.

Did they show any gory traffic accident movies?

pjd_sysprog
11-04-2003, 11:16 PM
2001 330xi - $1200 per year.

clyde
11-04-2003, 11:17 PM
I recently had to engage in a farce the MVA calls a "Point System Conference".

And I just added the Saab to our policy.

You imply so much, but say so little. You sure that you aren't a lawyer? :lol:

mquetel
11-04-2003, 11:22 PM
I'm at a bit over $1400/yr with a clean driving record... perhaps it is time to shop around a bit. :(

Do most of you run your deductibles pretty high? I'm currently at:
- $100 comprehensive
- $500 collision
- $250K/500K liability (which I needed to get a PL umbrella)

Nick M3
11-04-2003, 11:26 PM
I recently had to engage in a farce the MVA calls a "Point System Conference".

And I just added the Saab to our policy.

Been there, done that. Of course, I got my five points all in one ticket. :p

SpaceMonk
11-04-2003, 11:33 PM
You imply so much, but say so little. You sure that you aren't a lawyer? :lol:
Heh. I seem to remember someone being just as vague regarding their eyes and an autocross course.

clyde
11-04-2003, 11:36 PM
[quote=TD]You imply so much, but say so little. You sure that you aren't a lawyer? :lol:
Heh. I seem to remember someone being just as vague regarding their eyes and an autocross course.

I plunked down my money for my instruction...not everyone else's :twisted:

SpaceMonk
11-04-2003, 11:39 PM
I'm at a bit over $1400/yr with a clean driving record... perhaps it is time to shop around a bit. :(

Do most of you run your deductibles pretty high? I'm currently at:
- $100 comprehensive
- $500 collision
- $250/500K liability (which I needed to get a PL umbrella)
I have $300/$1000 for deductables.

The savings was significant enough to make it worth it.

ZHPhil
11-05-2003, 08:06 AM
M3- $567 every 6 mos
323iC - $455 every 6 mos
Aero- $506 every 6 mos
:awe: Must be a byproduct of where you live :(

I pay $674 per year for my 330i (yes that is correct no surcharge for the ZHP portion :scratch: so it must just be a regular 330 ) :lol:

TD
11-05-2003, 05:14 PM
I'm at a bit over $1400/yr with a clean driving record... perhaps it is time to shop around a bit. :(

Do most of you run your deductibles pretty high? I'm currently at:
- $100 comprehensive
- $500 collision
- $250/500K liability (which I needed to get a PL umbrella)

All deductibles on my policy are $250 (including collision).

FC
11-06-2003, 08:22 AM
M3- $567 every 6 mos
323iC - $455 every 6 mos
Aero- $506 every 6 mos
:awe: Must be a byproduct of where you live :(

I pay $674 per year for my 330i (yes that is correct no surcharge for the ZHP portion :scratch: so it must just be a regular 330 ) :lol:

To be honest, that was the appeal to me. If they had made it a 330is, we'd probably be paying higher premiums. I like that it is just a 330i.

Scott_H
11-06-2003, 12:12 PM
Timely topic as my 16 year old son was just added to our PEMCO policy.

Before

M Roadster $923
F150 $799
Accord $876

Total $2598

After

M Roadster $923
F150 $799
Accord $3582(Not a misprint)

Total $5304

I think I'm gonna be sick..........

Melissa
11-06-2003, 12:16 PM
Timely topic as my 16 year old son was just added to our PEMCO policy.

Before

Total $2598

After

Total $5304

I think I'm gonna be sick..........

:shock: I think I'll stay on the Pill.

mquetel
11-06-2003, 01:05 PM
Timely topic as my 16 year old son was just added to our PEMCO policy.

Before

M Roadster $923
F150 $799
Accord $876

Total $2598

After

M Roadster $923
F150 $799
Accord $3582 (Not a misprint)

Total $5304

I think I'm gonna be sick..........

Holy Sh*t!! :rant: That is outrageous...

Scott_H
11-06-2003, 01:18 PM
Scott_H wrote:
Timely topic as my 16 year old son was just added to our PEMCO policy.


I should mention that this is zero tickets, zero accidents, and a 35% good credit discount. I've already started shopping around.

Roadstergal
11-06-2003, 03:14 PM
Males under 25 are hard to insure. :(

And I know personally some of the reasons why they are. :paranoid:

FC
11-06-2003, 03:57 PM
Males under 25 are hard to insure. :(

And I know personally some of the reasons why they are. :paranoid:

:? I'm 24. I pay 1300 for my new 330i. $500 deductible in MA. Granted, I get a killer work discount.

Roadstergal
11-06-2003, 04:12 PM
Is that $1300 a year, or every 6 months?

dan
11-06-2003, 04:19 PM
Is that $1300 a year, or every 6 months?

read first post in thread :P

but if you get a kiler discount, the discussion is fairly irrelevant

FC
11-06-2003, 04:28 PM
Is that $1300 a year, or every 6 months?

read first post in thread :P

but if you get a kiler discount, the discussion is fairly irrelevant

It's 1300/year. Well, it is not ridiculous, but it is a 10-15% discount on top of an already VERY competitive rate. After all, I don't work for an insurance company.

Spiderm0n
11-07-2003, 12:16 PM
for my 330xi.... $1k a year. I get a speeding ticket every 11-12 months.

lip277
11-07-2003, 12:44 PM
To go to the other extreme...

$110/year on my 2002 via Hagerty (Collector Car Coverage...)
Then again, it's not a car I'm supposed to drive to work and so on...
And this time of year, it doesn't get driven at all... :(

FYI-
My other cars...
1987 Mercedes 420SEL 800/yr
2001 GMC Yukon 900/yr
as I recall.... and that's with the homeowners 'discount' along for the ride.

SCA
11-07-2003, 05:01 PM
For both cars around $1000 a year.

Bruce330cic
11-08-2003, 11:48 AM
I pay about $1,760 per year for the 330 'vert.

GimpyMcFarlan
11-08-2003, 06:02 PM
State Farm - $1140.00 per year.